Home » Business » Lacroix: 29% growth in turnover in the 1st quarter – 05/10/2022 at 15:30

Lacroix: 29% growth in turnover in the 1st quarter – 05/10/2022 at 15:30


(CercleFinance.com) – Lacroix went up by more than 3% after the presentation of a turnover up by 29.4% to 165.1 million euros for the first quarter of 2022, a level in line with its annual target of + 30%.

This increase is mainly explained by the integration of Firstronic (consolidated since the beginning of the year), the activity on a like-for-like basis (-0.6%) remains penalized by persistent difficulties in the supply of electronic components.

Despite the precaution the current context imposes, Lacroix is ​​maintaining its annual target, meaning expected revenue growth of more than 30% and a current EBITDA margin at least at its 2021 level, meaning 6.2% of business revenue.

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